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Global Industries Corporation owns assets in Kazakhstan, a country in Asia. The government of Kazakhstan wants to nationalize all assets owned by foreign firms and investors. Can it at least obtain payment for the assets?

Please research this assignment on the Internet.

Introduction:

  1. Define “nationalization”
  2. International investment – risks
  3. Define eminent domain

Main Section – Historical Perspective:

  1. Nationalization by Hugo Chavez in Venezuela
  2. Nationalization in the U.S.
  3. Possible nationalisation by Greece’s new leftist government

Conclusion:

International Law – Eminent Domain???

Will Global receive compensation?

 

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